Great Lakes Advisors LLC Sells 2,666 Shares of The Home Depot, Inc. $HD

30 Jan 2026, 06:26 by Teresa Graham · The Cerbat Gem

Great Lakes Advisors LLC cut its stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 13.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 16,981 shares of the home improvement retailer’s stock after selling 2,666 shares during the period. Great Lakes Advisors LLC’s holdings in Home Depot were worth $6,881,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after buying an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC grew its position in Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after acquiring an additional 173 shares during the last quarter. Ninety One UK Ltd increased its holdings in Home Depot by 9.3% in the 2nd quarter. Ninety One UK Ltd now owns 20,797 shares of the home improvement retailer’s stock worth $7,625,000 after purchasing an additional 1,763 shares in the last quarter. Madrona Financial Services LLC raised its position in Home Depot by 7.6% in the second quarter. Madrona Financial Services LLC now owns 2,860 shares of the home improvement retailer’s stock valued at $1,048,000 after purchasing an additional 203 shares during the last quarter. Finally, Heritage Financial Services LLC boosted its stake in shares of Home Depot by 8.1% during the second quarter. Heritage Financial Services LLC now owns 1,553 shares of the home improvement retailer’s stock valued at $569,000 after purchasing an additional 116 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. UBS Group set a $430.00 price objective on Home Depot in a research note on Wednesday, December 10th. Telsey Advisory Group reduced their target price on shares of Home Depot from $430.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, December 10th. Zacks Research downgraded shares of Home Depot from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 27th. Wells Fargo & Company reduced their price objective on shares of Home Depot from $400.00 to $395.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Finally, Wolfe Research increased their price objective on Home Depot from $414.00 to $415.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. Twenty-one analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $404.50.

Read Our Latest Stock Report on Home Depot

Key Home Depot News

Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Management is cutting roughly 800 corporate roles as part of a reorganization intended to speed decision-making and redirect resources toward frontline stores—cost reductions could support margins and near-term EPS if savings are realized. Home Depot to cut 800 corporate jobs at its Atlanta store support center
Positive Sentiment: Product placement: Home Depot will carry Back to the Roots’ 100% organic heirloom seed line across about 2,000 U.S. stores — a seasonal merchandising boost for the gardening category that can drive incremental traffic and sales in spring. Back to the Roots Expands Organic Heirloom Seed Line to The Home Depot Stores Nationwide
Neutral Sentiment: Analysts remain mixed on Home Depot’s outlook; some see resilience in discretionary demand while others point to housing headwinds — mixed analyst views mean guidance and upcoming comps will likely drive short-term trading more than a unanimous thesis. Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Home Depot (HD) and Starbucks (SBUX)
Negative Sentiment: The scale of the cuts and an order for corporate employees to return to the office five days a week are being interpreted as management reacting to a slowdown (notably a frozen housing market). That raises concern about lower same-store sales and traffic ahead, which could pressure revenue and the stock until comps or guidance rebound. Home Depot Cuts 800 Workers, Orders Corporate Workers Back to Office Full Time

Home Depot Stock Performance

Shares of HD opened at $371.91 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.29 and a debt-to-equity ratio of 3.82. The firm’s fifty day simple moving average is $359.07 and its two-hundred day simple moving average is $378.68. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The stock has a market capitalization of $370.24 billion, a P/E ratio of 25.35, a price-to-earnings-growth ratio of 13.99 and a beta of 1.08.

Home Depot (NYSE:HD – Get Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the business posted $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were paid a $2.30 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 annualized dividend and a yield of 2.5%. Home Depot’s payout ratio is 62.71%.

Insiders Place Their Bets

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents a 17.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 4,963 shares of company stock worth $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Home Depot Company Profile

(Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.